marine link image
Register now for the Port of the Future Conference • 2 Days, 50 Ports • Houston/Galveston area, TX • April 12–14, 2027

China Extends Waiver on Port Construction Fees

June 24, 2020

© William Messing / Adobe Stock
© William Messing / Adobe Stock

China’s Ministry of Finance said on Wednesday it would extend a waiver on port construction fees for imported and exported cargoes until the end of 2020 from June 30.

The ministry will also extend a reduction in fees paid to the compensation fund for ship pollution until the end of this year.

The move is part of Beijing’s efforts to help business resume amid the coronavirus pandemic and to shore up its export industry.


(Reporting by Muyu Xu and Beijing Newsroom; Editing by Christian Schmollinger)

Logistics News

Richard Hendrick Elected as American Association of Port Authorities Chairman

Richard Hendrick Elected as American Association of Port Authorities Chairman

As Interferry turns 50, the Ferry Industry Navigates Change, Again

As Interferry turns 50, the Ferry Industry Navigates Change, Again

Sovecon Cuts Russian Grain Forecast Amidst Black Sea Disruptions

Sovecon Cuts Russian Grain Forecast Amidst Black Sea Disruptions

Ground Broken on $16b Kenya Oil Refinery

Ground Broken on $16b Kenya Oil Refinery

Subscribe for Maritime Logistics Professional E‑News

Officials alter Danube entry procedure to address Ukrainian shipping queue
Wall Street Journal, September 24,
Russia claims it has struck Ukrainian defence industry vessels and facilities